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GTG: 1898o Morgan Dollar
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<p>[QUOTE="Morgandude11, post: 7682781, member: 37839"]Ok, no surprises with this one. It was obviously an ultra gem coin. The only debate was how high did PCGS go? Just to dispel misconceptions, PCGS and NGC will definitely certify a MS 67, 68, and 69 Morgan, with a high degree of surface preservation that has one or two stray bagmarks. As long as the stray bagmarks are not in major focal areas, or are not distracting, the coin is not penalized. The highest grade Morgan I have ever owned (sold it in 2015) was an Eliasberg MS 69 1881s. It had a couple of very small bag marks. It is hard for Morgans to be “perfect,” given their size, and method of storage.</p><p><br /></p><p>This particular Morgan is one of the nicest I have ever owned. As [USER=5233]@CamaroDMD[/USER] pointed out, it is a good strike for the date, and 1898o is a good strike date for the New Orleans mint. The coin has loads of luster, in a satiny glowing patina. I use this coin as my favorite debate to support my opinion that it is more enjoyable to own an ultra grade Morgan common date than a key date low grade Morgan. Since the 1893s had 100,000 minted, with at least 10,000-15,000 survivors, it isn’t all that rare for its celebrity. Only 353 MS 67 1898o coins have been certified by PCGS, with 67+ being the finest.</p><p><br /></p><p>[ATTACH=full]1319437[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Morgandude11, post: 7682781, member: 37839"]Ok, no surprises with this one. It was obviously an ultra gem coin. The only debate was how high did PCGS go? Just to dispel misconceptions, PCGS and NGC will definitely certify a MS 67, 68, and 69 Morgan, with a high degree of surface preservation that has one or two stray bagmarks. As long as the stray bagmarks are not in major focal areas, or are not distracting, the coin is not penalized. The highest grade Morgan I have ever owned (sold it in 2015) was an Eliasberg MS 69 1881s. It had a couple of very small bag marks. It is hard for Morgans to be “perfect,” given their size, and method of storage. This particular Morgan is one of the nicest I have ever owned. As [USER=5233]@CamaroDMD[/USER] pointed out, it is a good strike for the date, and 1898o is a good strike date for the New Orleans mint. The coin has loads of luster, in a satiny glowing patina. I use this coin as my favorite debate to support my opinion that it is more enjoyable to own an ultra grade Morgan common date than a key date low grade Morgan. Since the 1893s had 100,000 minted, with at least 10,000-15,000 survivors, it isn’t all that rare for its celebrity. Only 353 MS 67 1898o coins have been certified by PCGS, with 67+ being the finest. [ATTACH=full]1319437[/ATTACH][/QUOTE]
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GTG: 1898o Morgan Dollar
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